Saturday, 4 October 2014

Dillistone Group placing



Dillistone Group Plc is a leading global provider of software and services to recruitment firms and recruiting teams within major corporations. I have a holding in my growth portfolio (epic code: DSG).



Dillistone announced yesterday the further placing of 526,316 new shares at a price of 95p, the same price as the first tranche on 30 September (see here for details) raising an additional £500,000 (before expenses) which will be used by the Group for working capital purposes. 
 
It is always good to see directors "eating their own cooking", so current holders of the shares will be comforted by Dr Mike Love (Chairman) and Mr Jason Starr (Chief Executive) who respectively subscribed for 252,632 and 10,526 Placing Shares. 

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